Charlie McCoy couldn’t believe his eyes. Gas was flowing from a well into the sand and lying on the ground in the middle of it were dead quail. The Gulf employee accompanying McCoy said the well had a problem producing, that gas locked the downhole pump. “I watched that pumping unit run and thought, ‘How […]
Toward an Unspoiled Future
I don’t often recommend movies, and certainly haven’t done so in this column. However, there are always exceptions. Mark Mathis, director of what will hopefully become a movie sensation, gave the folks in Midland and Odessa the opportunity to view his production of spOILed. I viewed spOILed on a Thursday afternoon at a 2:30 showing […]
New Mexico Rulings, Texas RRC Opening
The New Mexico legislative session ended February 16th and the legislature fulfilled its primary duty of passing the budget. It was one of the least controversial budgets in years. The budget passed with only five total dissenting votes. The House passed the budget unanimously and that group consists of 33 Republicans. The Combined Reporting bill […]
Aquifers and Acquisitions
Energy economist Karr Ingham called the rebound in late 2011 and early 2012 of the price of a barrel of crude oil “a movement of prices” not “a price spike.” He told the Midland Reporter-Telegram, “It is a movement of prices, particularly oil, to a new plateau.” Ingham said the monthly average rig count for […]
Aquifers and Acquisitions
Energy economist Karr Ingham called the rebound in late 2011 and early 2012 of the price of a barrel of crude oil “a movement of prices” not “a price spike.” He told the Midland Reporter-Telegram, “It is a movement of prices, particularly oil, to a new plateau.” Ingham said the monthly average rig count for […]
All About Water
Last fall, Texas Railroad Commissioner and former Midland resident David Porter appointed an Eagle Ford Task Force to discuss water quantity and usage as it relates to oil and gas production in the burgeoning Eagle Ford Shale in South Texas. It is a critical issue facing all major producing basins in North America, including the […]
All About Water
Last fall, Texas Railroad Commissioner and former Midland resident David Porter appointed an Eagle Ford Task Force to discuss water quantity and usage as it relates to oil and gas production in the burgeoning Eagle Ford Shale in South Texas. It is a critical issue facing all major producing basins in North America, including the […]
Letter From The President (PBPA) ~ Looking Ahead
The year 2012 is off to a wonderful start. Last month’s Top Hand award banquet, honoring Tim Leach of Concho Resources, was a tremendous success and I appreciate the strong level of support. This marks the fifth year in a row that the event has sold out. I apologize to those who were not able […]
From the Chairman of the Board
As the Permian Basin Petroleum Association moves into its 50th year we find our organization in many ways reflecting a rich history while at the same time meeting challenges and accomplishments that are in themselves historic in nature. Thanks to the efforts of Ben and his staff we have a PBPA membership that is highly […]
From the General Counsel ~ Angela Staples
Based on the frequency of my articles that concern the statute of limitations, I am certain that some (many?) of you must think that I am unreasonably obsessed with the topic. While I can’t dispute that it interests me, the number of articles is actually due to the recent surge in lawsuits, and Texas Supreme […]